Duke Energy FY2026 EPS Estimate Raised by Seaport Res Ptn

Duke Energy Co. (NYSE:DUK) – Equities researchers at Seaport Res Ptn raised their FY2026 earnings per share estimates for Duke Energy in a report released on Thursday, October 31st. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings per share of $6.73 for the year, up from their prior estimate of $6.72. The consensus estimate for Duke Energy’s current full-year earnings is $5.98 per share.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data on Tuesday, August 6th. The utilities provider reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.16. The business had revenue of $7.17 billion during the quarter, compared to analysts’ expectations of $6.84 billion. Duke Energy had a return on equity of 9.71% and a net margin of 14.29%. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 EPS.

DUK has been the topic of several other research reports. Scotiabank increased their target price on Duke Energy from $104.00 to $113.00 and gave the company a “sector perform” rating in a report on Tuesday, August 20th. Bank of America boosted their target price on Duke Energy from $116.00 to $118.00 and gave the stock a “neutral” rating in a research note on Thursday, August 29th. Evercore ISI increased their price target on shares of Duke Energy from $108.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. The Goldman Sachs Group boosted their price objective on shares of Duke Energy from $102.00 to $113.00 and gave the stock a “neutral” rating in a research report on Monday, August 12th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $135.00 price target on shares of Duke Energy in a research note on Thursday, August 29th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $121.85.

Duke Energy Trading Up 1.4 %

NYSE DUK opened at $114.08 on Monday. Duke Energy has a 52 week low of $86.61 and a 52 week high of $121.25. The firm has a 50 day moving average of $115.87 and a two-hundred day moving average of $108.57. The stock has a market capitalization of $88.09 billion, a PE ratio of 21.01, a price-to-earnings-growth ratio of 3.08 and a beta of 0.47. The company has a quick ratio of 0.53, a current ratio of 0.81 and a debt-to-equity ratio of 1.56.

Hedge Funds Weigh In On Duke Energy

A number of large investors have recently bought and sold shares of the company. Duality Advisers LP raised its holdings in Duke Energy by 57.8% during the first quarter. Duality Advisers LP now owns 27,071 shares of the utilities provider’s stock worth $2,618,000 after purchasing an additional 9,917 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its stake in shares of Duke Energy by 63.8% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 44,710 shares of the utilities provider’s stock worth $4,324,000 after buying an additional 17,420 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Duke Energy by 9.4% in the 1st quarter. Janus Henderson Group PLC now owns 108,819 shares of the utilities provider’s stock valued at $10,520,000 after buying an additional 9,334 shares during the period. Goodman Advisory Group LLC purchased a new stake in shares of Duke Energy in the second quarter valued at approximately $2,888,000. Finally, Jupiter Asset Management Ltd. acquired a new position in Duke Energy during the first quarter worth $1,396,000. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Louis E. Renjel sold 540 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $113.64, for a total transaction of $61,365.60. Following the completion of the sale, the executive vice president now owns 19,884 shares in the company, valued at $2,259,617.76. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.14% of the stock is owned by insiders.

Duke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 15th will be paid a dividend of $1.045 per share. This represents a $4.18 annualized dividend and a yield of 3.66%. The ex-dividend date is Friday, November 15th. Duke Energy’s dividend payout ratio is presently 76.98%.

About Duke Energy

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.